Top 19 Inventory Management Software

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Epicor
ITQlick rating
3.5/5
Score
95/100
Pricing
6/10
License pricing
$55 per user/month
Functionality
23
Review
Compare
Passport
ITQlick rating
4.8/5
Score
92/100
Pricing
6.6/10
License pricing
$45 per user/year
Functionality
3
IntelliTrack
ITQlick rating
3.3/5
Score
90/100
Pricing
5/10
License pricing
$75 per user/month
Functionality
3
Blue
ITQlick rating
4.9/5
Score
90/100
Pricing
3/10
License pricing
$500 per license
Functionality
49
Review
Camstar
ITQlick rating
3/5
Score
90/100
Pricing
3.8/10
License pricing
Pricing not available
Functionality
3

TOP 19 Inventory Management Software

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1. Epicor WMS

  • Best for: Small, medium and large size businesses
  • Price: starts at $55 per user/month
  • Mar 09, 2022
Compare Epicor WMS Vs. Epicor WMS

Kinetic WMS is a cloud-based and on premise enterprise resource management system that incorporates warehouse management & supply chain management tools.


2. Passport Inventory

  • Best for: Small, medium and large size businesses
  • Price: starts at $45 per user/year
  • Mar 13, 2022
Compare Passport Inventory Vs. Epicor WMS

Passport Inventory software is an inventory management solution that offers both on-premise and cloud-hosted solutions. In addition, this software helps its users to control and manage the shipping & receiving processes in an organization.


3. IntelliTrack StratusVMI

  • Best for: Small, medium and large size businesses
  • Price: starts at $75 per user/month
  • Mar 21, 2022
Compare IntelliTrack StratusVMI Vs. Epicor WMS

IntelliTrack StratusVMI is a cloud-based inventory management software for small, medium, and large businesses. Its key features such as global accessibility, inventory management, bar code technology, and detailed reporting help operation managers keep their warehouse meet the demands of their cust...


4. Blue Link Elite

  • Best for: Start up, Small business, Medium business
  • Price: starts at $500 per license
  • Mar 22, 2022
Compare Blue Link Elite Vs. Epicor WMS

Blue Link ERP is an inventory and distribution management software for small companies. It offers business solutions including but not limited to real-time inventory and accounting, order entry, B2B and B2C eCommerce, POS, EDI integration, CRM, and more.


5. Camstar

  • Best for: Small, medium and large size businesses
  • Price:
  • Mar 13, 2022
Compare Camstar Vs. Epicor WMS

Siemens Opcenter is a manufacturing execution system (MES) for small to large businesses. Its key features include advanced planning and scheduling, manufacturing execution, quality management, manufacturing intelligence and performance, and research, development and laboratory.


6. HubLogix

  • Best for: Small, medium and large size businesses
  • Price: starts at $249 per user/month
  • Oct 20, 2020
Compare HubLogix Vs. Epicor WMS

HubLogix is an internet-based inventory management software that assists online sellers to carry out logistics activities.


7. 3PLink WMS

  • Best for: SMBs
  • Price: starts at $250 per user/month
  • Apr 08, 2022
Compare 3PLink WMS Vs. Epicor WMS

Excalibur WMS is an inventory and warehouse management solution for small and medium third-party logistics or 3PL. Its key features include barcoding/RFID, CRM, 3PL management, cross-docking, inventory, shipping, supplier, and fleet management.


8. RFgen Inventory

  • Best for: Small, medium and large size businesses
  • Price:
  • Apr 30, 2022
Compare RFgen Inventory Vs. Epicor WMS

RFgen Inventory is a cloud-based inventory management software that enables its users to manage supplier onboarding and overhaul their manual data collection process.


9. DEAR Inventory

  • Best for: Small businesses and start ups
  • Price: starts at $325 per month
  • May 18, 2022
Compare DEAR Inventory Vs. Epicor WMS

DEAR Inventory is a cloud-based inventory and order management that offers complete back-end management. DEAR Inventory aims at helping the small business as well as medium business to streamline and simplify the daily operations by automating inventory and order management.


10. IMS telecom OSS

  • Best for: Small, medium and large size businesses
  • Price:
  • Mar 30, 2022
Compare IMS telecom OSS Vs. Epicor WMS

IMS Telecom OSS is a cloud-based inventory management solution designed by VC4 to offer functionalities of registering and managing telecommunications platforms and network. Some of the core IMS specifications include network topology, network equipment, and telecom workflow management solution and ...


11. Savant WMS

  • Best for: Small, medium and large size businesses
  • Price: starts at $50 per user/month
  • Apr 01, 2022
Compare Savant WMS Vs. Epicor WMS

Savant WMS is both a cloud-based and on-premise warehouse management as well as supply chain solution for the distribution and manufacturing companies.


12. HandiFox Inventory

  • Best for: Small businesses and start ups
  • Price: starts at $39 per month
  • May 14, 2022
Compare HandiFox Inventory Vs. Epicor WMS

Handifox Inventory software is a cloud-based and on-premise mobile inventory control system built for small-midsize businesses that are inventory-based. The solution is also available on Android devices and supports Windows 7, Windows XP, Windows 8, Windows 2000, Windows Vista, and Windows 10 operat...


13. Chondrion Inventory Management

  • Best for: Small businesses and start ups
  • Price: starts at $100 per month
  • May 16, 2022
Compare Chondrion Inventory Management Vs. Epicor WMS

Chondrion Inventory Management is a cloud-based software solution that bandles the automation of buying and selling on a centralized interface. Its integrated Point of Sales automatically synchronizes users product catalogs with popular e-commerce platforms such as Google, eBay, and Amazon.


14. Collaborative Supply Portal

  • Best for: Small, medium and large size businesses
  • Price:
  • May 14, 2022
Compare Collaborative Supply Portal Vs. Epicor WMS

Collaborative Supply Portal (Ultriva software) is an inventory management software designed to streamline the processes involved in supply chain, using its embedded supplier collaboration and supply chain visibility modules.


15. Royal 4 WISE

  • Best for: Small, medium and large size businesses
  • Price:
  • May 17, 2022
Compare Royal 4 WISE Vs. Epicor WMS

Royal 4 Wise is a warehouse management software that is ready to offer a complete warehouse management solution to those who are looking for a vigorous WMS system. The software can be customized according to the needs of each business and the rules can be also defined by users. This flexible solutio...


16. Netstock qPic Plus

  • Best for: Small, medium and large size businesses
  • Price: starts at $399 per user/month
  • Jul 27, 2021
Compare Netstock qPic Plus Vs. Epicor WMS

Netstock qPic Plus is a carousel inventory management software for inventory managers to manage all stock and warehouse activities, increase order throughput, manage store updates, and manage order inventory.


17. JDA software

  • Best for: Small, medium and large size businesses
  • Price:
  • Jul 26, 2021
Compare JDA software Vs. Epicor WMS

JDA software is a supply chain and inventory management software solution for your business. The software was designed by JDA Software Group, Inc., headquartered in Arizona, United States. It incorporates planning, management, and accounting services to streamline the supply chain of a business. 


18. Snapfulfil

  • Best for: SMBs
  • Price: starts at $4,000 per month
  • Aug 11, 2021
Compare Snapfulfil Vs. Epicor WMS

Snapfulfil is a cloud-based warehouse management system that offers a complete WMS solution with required Barcode/RF scanning equipment and refined functionality. The software can be deployed in cloud-based or Software as a Service (SaaS) model for easy access by all users. Snapfulfil can improve pi...


19. Vanguard Inventory Optimization

  • Best for: Small, medium and large size businesses
  • Price:
  • Aug 13, 2021
Compare Vanguard Inventory Optimization Vs. Epicor WMS

Vanguard Inventory Optimization is an inventory management software designed to help organizations reduce risks by generating forecasts and decisions, automate supply chain planning, improve team collaborations, and instigate unified decision-making.



A Buyer's Guide to Inventory Management Solutions

Warehouse Inventory System Buyer’s Guide
 
If Sales and Marketing group is in the frontline of operation of most businesses, at the backend is the Warehouse and Inventory team. Warehouse management is an aspect of logistics and supply chain management and its role in every business is to control the movement and storage of materials within a warehouse and process the associated transactions, including shipping, receiving, putaway and picking. Every warehouse is different from another. Perhaps, a warehouse is a planned space for the storage and handling of goods and materials of different shapes, sizes and weights. In many industrial zones, warehouses are operating 24/7.
 
Warehousing and inventory always go together. Inventory management’s function is to track inventory levels, orders, sales and deliveries. A Warehouse Management System (WMS), on the other hand, is a technology consisting of tools that managers and supervisors need in analyzing the stock and creating plans for inventory movement and replenishment. In this Buyer’s Guide, we from ITQlick.com will provide you more information about this automation technology for warehousing and inventory management. New technology trends such as radio-frequency identification and mobile computing will also be discussed in this buyer’s guide as part of our objective to better assist you in finding the right WMS solution for your business.
 
Types
In today’s market situation, a buyer like you who’s looking for a WMS solution might encounter a little bit of confusion when it comes to selecting the right software package for your business. This is because of the overlapping functionalities between Warehouse Management Systems, Enterprise Resource Planning, Distribution Requirements Planning, Transportation Management Systems, Supply Chain Planning, Advanced Planning and Scheduling, and Manufacturing Execution Systems. But we do not want you to arrive on that situation because we are certain that there is a lot differences among these software solutions when it comes to functionality, features, and most of all, areas of application.
It is important to know that WMS solution is there to provide every organization a set of computerized procedures for management of warehouse inventory, space, equipment and people. Overall, WMS has the following functionalities that differentiate it from other systems:
·         Sets standard receiving process to properly handle a shipment when it arrives
·         Receives and returns stock in a warehouse facility
·         Performs modeling and managing of the logical representation of the physical storage facilities
·         Enables a seamless link to order processing and logistics management
·         Tracks where products are stocked, which suppliers they come from, and the length of time they are stored
To further differentiate WMS solution from other systems, here are more specific functions of most WMS.
 
  • Warehouse Design/Configuration
  • Inventory Tracking
  • Storage and Facility Management
  • Receiving and Putaway
  • Pick-and-Pack
  • Shipping
  • Labor Management
  • Yard and Dock Management
  • Reporting
  • Inventory Management
  • Order Fulfilment
  • Inbound/Outbound Logistics
  • Reverse Logistics
  • Manufacturing and Value-Added Services
 
Features
Over the years, well known WMS solution providers Accellos and Oracle have introduced numerous improvements and upgrades on their offered solutions. Accellos now offers various features that transform their software product into a hub of every organization’s supply chain solution. Their solution, AccellosOne, is an integration of accounting, order management and shipping software systems, electronic data interchange (EDI) systems, Crystal Reports software, radio frequency and barcode hardware, and warehouse automation equipment.  Oracle Warehouse Management system, on the other hand, is a component of Oracle's Supply Chain Management and Manufacturing solution. It covers the areas of warehouse resource management, warehouse configuration, task management, advanced pick methodologies, and value added services.
 
Features distinguish one solution from other solutions. They are absolutely many but once you indentified the features that are only needed for your warehouse and inventory operation, there is a greater chance that you can find the right WMS product out of the many solutions available in the market. Therefore, it is your task as a buyer to filter from this range of features those that are only needed by your business.
 
  • Asset tracking
  • Service management
  • Product identification
  • Wireless Picking and Receiving
  • Order Management
  • Lots/Serial/Expiry Management
  • Kitting
  • Container Receiving
  • License Plates
  • Carton Splitting
  • Putaway/Slotting
  • Multi-Location/Site Transfer
  • Return Material Authorization
  • Packaging Carousels/Conveyors
  • Multi-Carrier Shipping Toolkit
  • RFID Toolkit
  • Wave Picking/Batch Picking/Zone Picking
  • Task Interleaving
  • Automated Data Collection
  • Integration with Automated Material Handling Equipment
  • Advanced Shipment Notifications
  • Cycle Counting
  • Cross Docking
  • Pick-to-Carton
  • Labor Tracking/Capacity Planning
  • Activity-based Costing/Billing
  • Integration with existing systems - Accounting/ERP/Ecommerce/Order Management
 
Solutions per Business Size, per Vendor
As a buyer, it is also your duty to look for a solution that can truly offer the most advanced functionality, operational features, configurable architecture, and competitive cost of ownership. Moreover, you should also act as an inquisitive buyer who is able to weigh which solution, when fully implemented and used over a certain period of time, can provide the winning results such as accurate inventory and optimized labor cost. Here are then the two types of solutions in the market for you to carefully examine.
 
Best-of-breed or Stand Alone
Best-of-breed solution offers better in-depth functionality compared to integrated suites. It offers more picking configurations, labor management features, built-in integrations with other technologies, and other warehouse-specific features.
 
Integrated Suite or Supply Chain Execution Suite
This solution can be acquired as a module of a much larger enterprise system - ERP. Meaning, aside from warehouse and inventory functionality, it is also capable of managing other aspects of business such as accounting, human resources, manufacturing, and customer management.
 
As our recommendation from ITQlick.com, consulting with experts in business application solutions is also one of the options that you can consider when you arrived at critical stage of the buying process. We have wide experience in implementing software solutions and it is our guarantee that we can help you in finding that right WMS for your business.
 
Pricing Considerations
An experienced supply chain management consultant probably has the best ideas to share when it comes to the pricing models offered by various WMS solution providers. More likely, he will discuss with you the Total Cost of Ownership (TCO). Being in the software business for years, here’s what we from ITQlick.com would like to share with you about WMS pricing which we believe can surely guide you on your TCO computing process.
 
There are three types of WMS software products: Tier 1, Tier 2 and Tier 3. Their estimated cost pricing and other characteristics are as follows.
 
Tier 1 WMS solution costs between $750,000 and $2,500,000. Most Tier 1 vendors provide mainframe or web-based applications that use an operating system. This solution usually includes features such as voice-activated technologies, radio frequency identification (RFID) tagging, wireless communications, and physical automation support.
 
Tier 2 WMS solution costs between $200,000 and $750,000. This solution is provided with mainframe applications or PC-based platforms or the combination of both. Features included in this solution are cross-dock planning, automatic wave planning, system-directed replenishment, and stock location management.
 
Tier 3 WMS solution costs between $35,000 and $200,000. Most products are designed to run on personal computers (PC) and use an operating system such as Microsoft Windows. The core feature that usually goes with this solution is a standard inventory management system (IMS) with functions such as wave picking, zone picking, cross-docking, and directed put-away.
 
Market Trends
According to surveys, the past four to five years have dramatically altered the warehouse management landscape. In search for improved efficiency and increased profitability, many companies have adopted alternative technologies that have transformed the way various warehouse operations are conducted.
 
Many companies are now using voice-directed picking hardware to determine the amount of goods to be picked up. Smartphones are also beginning to emerge into the hardware scene. Many companies have started using smartphones as data collection devices. In relation to this, solution providers say that many young IT technicians nowadays are seeking to deploy consumer-grade phones and tablets on their company warehouses.
 
Other growing demands include more value-added activities, such as building mixed pallets for specific stores or attaching item-level RFID tags to satisfy retailer requirements.
 
From these trends, we can say that the WMS solutions providers are continuously moving forward to better improve the solutions they are providing to the market. This is a go signal that a buyer like you should proceed finding the WMS solution that is just right for your business.
Finding the right Inventory Management software for your business
Proper Inventory Management software selections are the precursor to successful deployment and business growth. Finding the right Inventory Management solutions doesnít have to be complicated, and it doesnít have to take days or weeks of your time.

After researching over 5,000 systems, we can identify the best solution for companies of all shapes and sizes. ITQlick.com is 100% free for software buyers.



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Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.